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Gold hits record above $1,900
Record-breaking gold topped $1,900 per ounce on Tuesday as investors sheltered from stubborn concern over a new global recession and the eurozone sovereign debt crisis, analysts said.

In early Asian trading hours, the precious metal -- which is widely regarded as a safe haven in times of economic turmoil -- rocketed as high as $1,913.50. It pulled back to $1,870 in late afternoon London deals.

"Continued fears of a global recession propelled gold prices into uncharted territory," Barclays Capital analyst Suki Cooper told AFP.